SOLD
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Sold on 19 Aug 2024 for $960,000

74 Kareela Avenue
Penrith NSW 2750

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 708m2
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Property Details for 74 Kareela Ave, Penrith

74 Kareela Ave, Penrith is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 708m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Penrith in the last 12 months.

Building Type
House
Floor Size
92m2
Land Size
708m2
Local Government
Penrith
Lot/Plan
291/DP213501

Last Listing description (August 2024)

From first-time buyers to investors, eager renovators and savvy developers (STCA), there will be no shortage of house hunters keen to get their hands on this charming Penrith property. Set on a large lot and bursting with future potential, 74 Kareela Avenue could be just what you’re looking for.

From the covered front porch, you are welcomed into the bright, single-storey interior with space for the whole family to spread out and relax.

Loved ones can all come together in the large, light-filled living room complete with plush carpet, split system air-conditioning and direct access through to the open-plan kitchen and dining area. Ready for the chef of the household, the well-appointed kitchen will delight with a tiled backsplash, wrap-around countertops and a suite of quality appliances including an electric cooktop.

There are three bedrooms and a central bathroom along with an expansive 7.5x2.6m rumpus room that would make the ideal playroom, teenager’s retreat or second living area, depending on your needs. As if all this wasn’t already impressive enough, the extensive list of extra features goes on to include a rear laundry room, a separate washroom, an attached single garage and a detached 3x4m shed offering extra storage space.

This neat and tidy 92m2 (approx.) abode is set on a great-sized lot with a huge backyard, a sunny patio for entertaining and lush established gardens. The generous block size also presents an exciting opportunity for a potential duplex development, subject to relevant council approvals.

When it comes to convenience, it’s hard to go past this prized Penrith location with busy local shops, parks and public transport links all at your fingertips. Kingswood Park Public School and Cambridge Gardens Public School are both just minutes from your front door and you will also be only a short drive from the Nepean Hospital and the bustling Penrith CBD.

Distances to common locations:
Bus Stop (Richmond Road) – 350m
Coles Shopping Centre – 500m
IGA Kingswood – 500m
Kingswood Park Public School – 500m
Cambridge Gardens Public School – 1.3km
Penrith Railway Station – 2.5km
Nepean Hospital – 2.7km
Penrith CBD – 3km
Penrith Beach & Lake – 8.6km

Property History for 74 Kareela Ave, Penrith, NSW 2750

A timeline of how this property has performed in the market
Last Sold
$960,000
19 Aug 2024
  • 23 Oct 2024
    Listed for Rent $500 / week
  • 19 Aug 2024
    Sold for $960,000
  • 13 Aug 2024
    Listed for Sale Sold in 6 days!
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About Penrith 2750

The size of Penrith is approximately 12.5 square kilometres. It has 35 parks covering nearly 13.5% of total area. The population of Penrith in 2011 was 11,813 people. By 2016 the population was 13,264 showing a population growth of 12.3% in the area during that time. The predominant age group in Penrith is 20-29 years. Households in Penrith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penrith work in a professional occupation. In 2011, 45.9% of the homes in Penrith were owner-occupied compared with 40.7% in 2016.

Penrith has 12,542 properties. Over the last 5 years, Houses in Penrith have seen a 57.54% increase in median value, while Units have seen a 31.43% increase. As at 31 October 2024:

  • The median value for Houses in Penrith is $976,372 while the median value for Units is $570,743.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 100 properties listed for sale, and 101 properties listed for rent in Penrith on OnTheHouse. According to CoreLogic's data, 626 properties were sold in the past 12 months in Penrith.

Suburb Insights for Penrith 2750

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Matt Rees
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Green Acres Realty
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.